SFGTV2: San Francisco Government Television
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Jan 14, 2013
01/13
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we need to reform our payroll tax. that is an incentive not to create jobs. i know the board president david chu is working on possibility this there -- possibilities there. i look forward to working with him. we've targeted efforts to revitalize areas and bring industries here with the tax holiday and proposal introduced yesterday relating to parts of the tenderloin to provide some payroll tax relief to encourage businesses like twitter and others to go there. >> the governor has proposed eliminating funding for redevelopment agencies. what is your opinion of the plan? what are your thoughts on the value of redevelopment agencies? >> i think the plan is over- broad. i do not support it as it relates to san francisco's model of redevelopment. our redevelopment agency does tremendous work in san francisco. a lot of projects like treasure island and what is happening in hunters point, those kinds of projects would be difficult to achieve without redevelopment. a redevelopment agency is the largest source of affordable housing creation in the city. it has been a
we need to reform our payroll tax. that is an incentive not to create jobs. i know the board president david chu is working on possibility this there -- possibilities there. i look forward to working with him. we've targeted efforts to revitalize areas and bring industries here with the tax holiday and proposal introduced yesterday relating to parts of the tenderloin to provide some payroll tax relief to encourage businesses like twitter and others to go there. >> the governor has...
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Jan 20, 2013
01/13
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WBAL
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one was on sandy, the other was on raising taxes. in both cases obama had a bipartisan majority in the house. that is a governing majority. he's going to have it on immigration and also on the debt ceiling. not sure he's going to have it on guns, but he's going to drive the really hard-line republicans crazy because he's going to be able to break off 40 or 50 of them for all these other things. chris: that seems to be true as much as the opposition is hotter and perhaps hardening out there on the right. it does seem that the center right and the center are in play and obama is making his move toward them successfully. >> their governing philosophy coming in is that the fever would break among the tea party folks, among the hard right, and also that just folks in the house would sort of move to the boehner philosophy, which is a governing philosophy. the sort of -- chris: in other words, you don't need a majority of the republicans to rule. >> you break the rule, which is what he's done on these big-ticket items. they have been meetin
one was on sandy, the other was on raising taxes. in both cases obama had a bipartisan majority in the house. that is a governing majority. he's going to have it on immigration and also on the debt ceiling. not sure he's going to have it on guns, but he's going to drive the really hard-line republicans crazy because he's going to be able to break off 40 or 50 of them for all these other things. chris: that seems to be true as much as the opposition is hotter and perhaps hardening out there on...
SFGTV2: San Francisco Government Television
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Jan 21, 2013
01/13
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SFGTV2
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providing housing for lower middle class and middle-class people, people who are working and paying taxes. we need to have them here for a functioning economy. i am looking for ways to fund more of that kind of housing, particularly for a central employees like teachers, nurses, first responders. we need to make sure that our development is a transit- oriented. we do not want to encourage suburban sprawl. we want to do infill housing so that people can live near where they work and near public transportation. >> let's talk about public transportation. is there adequate muni service in your district? what is the parking and traffic situation like? >> muni is not near where it needs to be. in the caster, we have the subway. -- in the castro, we have the subway. a can be terrific or frustrating. we are next to the bart line. in other parts of the district, is unreliable. the writeridership is lower bece of unreliability. other lines are not as frequent and people not think of using them. we have a particular problem in diamond heights. the neighborhood is served primarily by the 52 line. it
providing housing for lower middle class and middle-class people, people who are working and paying taxes. we need to have them here for a functioning economy. i am looking for ways to fund more of that kind of housing, particularly for a central employees like teachers, nurses, first responders. we need to make sure that our development is a transit- oriented. we do not want to encourage suburban sprawl. we want to do infill housing so that people can live near where they work and near public...
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Jan 18, 2013
01/13
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WMAR
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tax fraud ballooned. in 2010, more than 91,000 inmates claimed $758 million in fraudulent refunds more than 0 prisozó9 0 v[o;3sqúthrough the =?f cracks. >>> there is a blame game going on in south bend, the star football player accused of making up a dead girlfriend. how much did the star know about this? >>> could the remote be the next thing to go away? the way of the cassette tape or vcr? why you won't need it soon. >>> crystal clear, blue sky kind of a day. dry evening on the way. it will be breezy and pretty cold conditions to deal with. 33, almost down to freezing bwi. there is a west breeze, that's going to add windchill factor to your friday evening plans as well. dress warm as you head out the door. dundalk today, beautiful day, beautiful day, as we look, see hawkins point, ccbc and dundalk, look at the sunset. finally sunshine back. most people saily take the colder weather. bring me sun. bel air today, nice dry, sunny conditions, kent island, shot from hemmings ways, bay bridge. changing our
tax fraud ballooned. in 2010, more than 91,000 inmates claimed $758 million in fraudulent refunds more than 0 prisozó9 0 v[o;3sqúthrough the =?f cracks. >>> there is a blame game going on in south bend, the star football player accused of making up a dead girlfriend. how much did the star know about this? >>> could the remote be the next thing to go away? the way of the cassette tape or vcr? why you won't need it soon. >>> crystal clear, blue sky kind of a day. dry...
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Jan 14, 2013
01/13
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CNBC
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but this is a weird one because this tax works the opposite of many other taxes in that it only taxes you up to $113,000 of income. above that, you don't have to pay the social security piece of the fica tax. it hits those people at the bottom on a percentage basis more than other taxes do. that's why people are having a little bit after head scratcher here, trying to figure out what the impact is, sue. >> yeah, eamon, no one is happy about it. and jane has that story live for from burbank, jane? >> reporter: hi, sue. in california, it is a double-whammy. not only are people seeing higher taxes but in california there are is a higher sales tax twb there is higher federal income tax and state as well. but this is l.a., a blue city and blue state and people are used to ponying up. >> have you gotten paid yet this month. >> reporter: yes, i have. >> did you notice your paycheck was smaller? >> i did. >> reporter: how did you feel about that? >> on one hand, we know why it is being done in the sense that we need to find a way of getting the deficit down. you but on the other hand, no, bec
but this is a weird one because this tax works the opposite of many other taxes in that it only taxes you up to $113,000 of income. above that, you don't have to pay the social security piece of the fica tax. it hits those people at the bottom on a percentage basis more than other taxes do. that's why people are having a little bit after head scratcher here, trying to figure out what the impact is, sue. >> yeah, eamon, no one is happy about it. and jane has that story live for from...
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Jan 13, 2013
01/13
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CSPAN
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as i understand it, it is from tax increases, is it not? >> i'm happy to answer all questions. >> just the last one. >> the net savings come from a lot of provisions but a lot of it comes from the provision that would pay for the alternative minimum tax. that would reduce -- >> a significant portion does come from tax increases. >> a third. >> you have a statement about federal-billion pay freeze. i find this to be terribly disingenuous. when barack obama took office to now, we have 145,000 additional federal workers. to suggest pay has been frozen is not an accurate statement. their increases and bonuses and others, we've dramatically increased the federal payroll. the budget being proposed, when you say pay freeze, does that mean expenditures on payroll will go up or stay the same? >> it means people are not going to get a cost-of-living adjustment right now. >> the line item for going forward -- the total, will that go up or be sustained? we will obviously have to pay the people who are hiring. for an individual federal worker -- they'll
as i understand it, it is from tax increases, is it not? >> i'm happy to answer all questions. >> just the last one. >> the net savings come from a lot of provisions but a lot of it comes from the provision that would pay for the alternative minimum tax. that would reduce -- >> a significant portion does come from tax increases. >> a third. >> you have a statement about federal-billion pay freeze. i find this to be terribly disingenuous. when barack obama...
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Jan 20, 2013
01/13
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CSPAN
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if you go to a gun store in your state or community, an owner has to pay taxes, state taxes, local taxes. it has to follow the rules or he/she will lose the license. a lot of gun shop owners i talk to say why should we have to do all this? these guys can set up in the parking lot and have a gun show and not have to follow those rules. if you're going to have rules it is going to be for everybody. you cannot say the rules apply to you but not to you. you might want to close the gun show loophole. suddenly, having real background check. if i purchase a weapon, i have to go through a background check the same way you would. that should apply to everybody. they do not have any way to check on that as california has found. a lot people should not have weapons but do because there is that a way to compare records, a felony records and so on. let's close that so we can say whatever rules we have will apply the same to everyone. >> i want to ask you some more about guns. one of the things i want to point out is you have another big domestic policy item in your camp which is immigration. you are
if you go to a gun store in your state or community, an owner has to pay taxes, state taxes, local taxes. it has to follow the rules or he/she will lose the license. a lot of gun shop owners i talk to say why should we have to do all this? these guys can set up in the parking lot and have a gun show and not have to follow those rules. if you're going to have rules it is going to be for everybody. you cannot say the rules apply to you but not to you. you might want to close the gun show...
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Jan 15, 2013
01/13
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CNNW
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. >> if you thought tax hikes would keep people from traveling this year, you may be wrong. >> according to surveys, more executives are planning to travel for business. if you top the save a few bucks, they may be taking the bus. >> if you think it's crowded on the roads and the errors, it's going to get more crowded. business travelers are hitting the road in greater numbers according to a survey and one by frequent business traveler magazine. business travel is far from smooth sailing. travel agents said the cheap issues when it comes to booking trips with limited seat availability and keeping costs down. meantime, business travelers complained of inconsistent experience and almost 3/4 said wi-fi was a huge factor when choosing an airline or hotel. companies like mega bus and greyhound have been experimenting with wi-fi hoping to attract more business travelers. it seems to be working according to a study. bus services saw more growth than either eye or rail travel. who knew? >> coming up, wall street has a sign that apple is responding and the smart phone market could be slipping. [
. >> if you thought tax hikes would keep people from traveling this year, you may be wrong. >> according to surveys, more executives are planning to travel for business. if you top the save a few bucks, they may be taking the bus. >> if you think it's crowded on the roads and the errors, it's going to get more crowded. business travelers are hitting the road in greater numbers according to a survey and one by frequent business traveler magazine. business travel is far from...
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Jan 21, 2013
01/13
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CSPAN
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but also comprehensive tax reform, the elimination of an entire class of nuclear weapons. reagan and his first term had spoken about the evil empire. one thing led to another. there had been no discernible progress. i do not think many people on january 20, 1981 would have anticipated ronald reagan's greatest historical accomplishment would be significant arms control. not just slowing the rate of increase in nuclear arms, but actually doing away with the whole class in what became known as the inf treaty. host: a speech in june of 1987 in berlin. [video clip] >> we welcome change and openness. we believe that freedom and security go together. the advance of human liberty, the advance of human liberty can only strengthen the cause of world peace. there is one sign that the soviets can make that would beunmistakable, that would advance dramatically the cause of freedom and peace. general secretary gorbachev, if you seek peace, if you seek prosperity for the soviet union and eastern europe, come to this gate. mr. gorbachev, open this gate. mr. gorbachev, tear down this wall.
but also comprehensive tax reform, the elimination of an entire class of nuclear weapons. reagan and his first term had spoken about the evil empire. one thing led to another. there had been no discernible progress. i do not think many people on january 20, 1981 would have anticipated ronald reagan's greatest historical accomplishment would be significant arms control. not just slowing the rate of increase in nuclear arms, but actually doing away with the whole class in what became known as the...
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Jan 21, 2013
01/13
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CSPAN2
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some taxed religious property. others banned given groups' practices. i'm thinking, for example, eventually various states in the southwest banning polygamy, for example. >> host: so when it came to massachusetts, talk about massachusetts or pennsylvania. of we're here in pennsylvania, as a case study of states regulating religion. >> guest: sure. pennsylvania, for example, had an active blasphemy law which we would nowty of as -- now think of of as starkly unconstitutional. and the last case, um, that was brought, the last criminal prosecution under blasphemy law was actually brought in the early 1970s kind of by accident against someone who had a sign in his window saying something like "wanted: radical carpenter speaks to crowds preaching peace." and, on, this person meant jesus, but someone walking past thought it blasphemous and complained. the american civil liberties union got involved pretty quickly, and the prosecution was dropped. more recently, the, a film company own or tried to name -- owner tried to name his company i choose hell productio
some taxed religious property. others banned given groups' practices. i'm thinking, for example, eventually various states in the southwest banning polygamy, for example. >> host: so when it came to massachusetts, talk about massachusetts or pennsylvania. of we're here in pennsylvania, as a case study of states regulating religion. >> guest: sure. pennsylvania, for example, had an active blasphemy law which we would nowty of as -- now think of of as starkly unconstitutional. and the...
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Jan 18, 2013
01/13
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CSPAN
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tax rolls. barbara taxes, business licensees, -- property taxes, business licensees. abortion or the unemployment rate decrease down to 7.4%. -- we have seen our unemployment rate decreased down to 7.4%. a great focus on regionalism. host: with so much talk about the debt and deficit, cities often do that by floating bonds. explain how that works in mesa, arizona. guest: we do not go into debt to cover deficits. mostwe get our fiscal cliff literally three and four years ago. we had to figure it out on a cash basis counterbalance our budget. westreets, police stations, mainly some work, water, those kinds of things. these are financed with tax- exempt invisible bonds. hundreds of billions, if not trillions of dollars. one of the proposals that does not seem to want to die is to somehow tinker or eliminate the tax-exempt status of municipal bonds. this is extremely important to us. you are talking about the basic financing infrastructure itself of cities and states. that is huge. mesa is not a hea
tax rolls. barbara taxes, business licensees, -- property taxes, business licensees. abortion or the unemployment rate decrease down to 7.4%. -- we have seen our unemployment rate decreased down to 7.4%. a great focus on regionalism. host: with so much talk about the debt and deficit, cities often do that by floating bonds. explain how that works in mesa, arizona. guest: we do not go into debt to cover deficits. mostwe get our fiscal cliff literally three and four years ago. we had to figure it...
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Jan 15, 2013
01/13
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CURRENT
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tax revenues go up when you increase tax rates. that's mcconnell math. we can't have that kind of balanced approach here in washington. it can't be done because republicans won't go for tax increases. they did have to go with $600 billion here and any conservative watching this show, obama got all those tax increases. well it's worth remembering that before that $600 billion, he agreed in $1.5 trillion in spending cuts while he has been president. $917 billion in the previous debt limit deal and another $500 billion in other circumstances. so there still has been in our circumstance here in washington in the obama time a lot more cutting than revenue raising. >> john: alex, let in go over to you. why can't we get a deal done on the deficit? is it that republicans refuse to raise taxes or is there more to it. >> you look at every fight whether its fight over the debt ceiling, fight over guns, immigration, and you're going to see brutal fights. why? this is one of the most polarized congresses we've had in years. you have democrats and republicans who make
tax revenues go up when you increase tax rates. that's mcconnell math. we can't have that kind of balanced approach here in washington. it can't be done because republicans won't go for tax increases. they did have to go with $600 billion here and any conservative watching this show, obama got all those tax increases. well it's worth remembering that before that $600 billion, he agreed in $1.5 trillion in spending cuts while he has been president. $917 billion in the previous debt limit deal...
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Jan 21, 2013
01/13
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FOXNEWSW
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we started january, 2013, with the biggest tax increase in 20 years, and we have obamacare taxes, 20-some odd of them being phased in, another 500 billion dollars and the president stood up at press conference last week and said, i'm coming for more money and congressional democrats are going to try and help him. >> harris: all right. tom, the president has a speech planned in prime time tonight, that's kind of the pre-address to the big address tomorrow at the inauguration for the public to see and i read in your forbes column today that you said that there's a reason not to watch the president's speech. he's the president. why wouldn't we watch? >> well, i think beyond so help me god, tomorrow's speech isn't going be to be able to telegraph to those 23 million americans who are still out of work that this -- that this administration really cares about pro growth policy. if your a going to double down on spending and you're going to double down on increasing taxation and ultimately expand the box of the people who are going to be paying for this government, you're not going to be hel
we started january, 2013, with the biggest tax increase in 20 years, and we have obamacare taxes, 20-some odd of them being phased in, another 500 billion dollars and the president stood up at press conference last week and said, i'm coming for more money and congressional democrats are going to try and help him. >> harris: all right. tom, the president has a speech planned in prime time tonight, that's kind of the pre-address to the big address tomorrow at the inauguration for the public...
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Jan 20, 2013
01/13
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FBC
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the 9 billion is all tax deductible. the irs says the compensation to homeowners as the cost incurred in the course of doing business and is not a fine or penalty but the result of wrongdoing. i say if they didn't do anything wrong there probably wouldn't be showing -- shelling of billions of dollars. we should not be footing any part of the bill for the mistake . as one homeowner put it, the government comes after us for every little bit of money we have. that's because we aren't too big to fail. we just have to bail out the ones that are. that's what i think. now we want to know what you think. here's our question. should banks be allowed to deduct the mortgage settlement? log on to gerriwillis.com, vote on the right inside the screen and all share the results of the end of the show. not to the latest developments in the hostage situation in algeria. one american reportedly dead a takeover and natural gas plant by islamic militants. algerian news agencies report around 100 foreign workers are freed. the fate of 30 othe
the 9 billion is all tax deductible. the irs says the compensation to homeowners as the cost incurred in the course of doing business and is not a fine or penalty but the result of wrongdoing. i say if they didn't do anything wrong there probably wouldn't be showing -- shelling of billions of dollars. we should not be footing any part of the bill for the mistake . as one homeowner put it, the government comes after us for every little bit of money we have. that's because we aren't too big to...
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Jan 18, 2013
01/13
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CSPAN2
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on the income tax and less reliance the sales tax. [applause] in my budget -- in my budget, i propose to cut the sales tax in the current rate of 6.25% to 4.5% and dedicate all the proceeds to public works fund. that fund will support the transportation plan i have laid out for both existing responsibilities and the necessary and should project as well as the school building fund and other public infrastructure. under my plan, sales tax proceeds would be off-limits for any other purpose to support her education initiatives, my budget will propose that we increase income tax by one percentage point, 6.25% to make that increase fair to all according to their ability to pay will propose that we double the personal exemptions for every taxpayer and eliminate a number of itemized deductions. making those changes gives us a tax code that is sent. fair. let me add that these changes are sales income and business tax will be comparable to an competitive with other states in the region and beyond with which we compete. this is what i will prop
on the income tax and less reliance the sales tax. [applause] in my budget -- in my budget, i propose to cut the sales tax in the current rate of 6.25% to 4.5% and dedicate all the proceeds to public works fund. that fund will support the transportation plan i have laid out for both existing responsibilities and the necessary and should project as well as the school building fund and other public infrastructure. under my plan, sales tax proceeds would be off-limits for any other purpose to...
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Jan 13, 2013
01/13
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FBC
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tax for years. they rely on a windfall from the rich energy resources as well as other forms of taxation, including a sales tax. political analysts are warning the proposal to eliminate income tax could be followed by a plan to raise the sales tax. the office responded to the claim saying only he wants to keep the sales tax as low as possible. well, from texas to investment, it is a mad-toward equity mutual funds in the new year. inflows for the first week reaching $22 billion in his second highest level in history and the highest in 11 years. emerging-market equity funds saw the biggest inflow reheat to cover teeseven and a half billion. ceo of edelman financial services joins me now. when regular investors finally get interested in equity says it mean it is almost over? >> ordinarily i would agree it to my yes, it does, but not this time. you know why? it has been five years since ordinary consumers have had any confidence at all in the u.s. stock market. finally, after watching the stock market r
tax for years. they rely on a windfall from the rich energy resources as well as other forms of taxation, including a sales tax. political analysts are warning the proposal to eliminate income tax could be followed by a plan to raise the sales tax. the office responded to the claim saying only he wants to keep the sales tax as low as possible. well, from texas to investment, it is a mad-toward equity mutual funds in the new year. inflows for the first week reaching $22 billion in his second...
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Jan 18, 2013
01/13
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CSPAN
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the cities deal with the immense problems that get thrust upon them as a consequence of diminished tax bases, as a consequence of housing, a significant portion of the public and the states that are in the most need. we are committed to having a third phase of the so-called big deal in the budget. we're of the view that just as it took during the clinton administration, it didn't happen in one fell swoop. the economy in great shape and move toward a balanced budget. it started off in three phases. it started off with president bush's actions, the first president bush in terms of taxation before president clinton took office. and then the actions the president took in 1994 and then in 1997. well, we think there is a third phase here that can set our country on a path that will allow us to get our debt to g.d.p., our deficit to g.d.p. down around 3%, which is the basis of all economists left, right and center all agree on the areas we can begin to grow as a country. and as my grandfather used to say with grace of god and goodwill of the neighbors, cooler heads will prevail now between no
the cities deal with the immense problems that get thrust upon them as a consequence of diminished tax bases, as a consequence of housing, a significant portion of the public and the states that are in the most need. we are committed to having a third phase of the so-called big deal in the budget. we're of the view that just as it took during the clinton administration, it didn't happen in one fell swoop. the economy in great shape and move toward a balanced budget. it started off in three...
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Jan 20, 2013
01/13
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WJLA
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obama demands the wealthy pay theheir faishare of taxes but he is just another elitist hypocrite when it comes to a fair share of secucurity. protection for their kids and gun-free zones for hours. ours. >> jay carney said that the nra ad was r repugnant and cowardly. the nra says that the ad was not in anyone's children in particular. anyone the claims otherwise they say is intention to try to kid ththe topic and is missing the int. incidentally, once the president talked about gun violce, sales went through the roof. can ththe president moving now to this time around? >> there is more desire for control than ever bui do not think congress will budge on the big stuff. it is not going to get done. what the nra did was odiou i think the president is on the high ground, but i do not think he will get done real gun- control. >> these 23 executive action re fairly trivial, there was nothing major about it. i think it will not have any effect, it was the appearance of motion. the three big items on the table for congress, the assault weapons ban, the limit on the size of the magazine clip,
obama demands the wealthy pay theheir faishare of taxes but he is just another elitist hypocrite when it comes to a fair share of secucurity. protection for their kids and gun-free zones for hours. ours. >> jay carney said that the nra ad was r repugnant and cowardly. the nra says that the ad was not in anyone's children in particular. anyone the claims otherwise they say is intention to try to kid ththe topic and is missing the int. incidentally, once the president talked about gun...
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49
Jan 17, 2013
01/13
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FBC
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tax. what's happening here? what nebraska governor hopes signals politicians are seeing the light, and then, drones are seen just about everything you do. they are in the air. they are under the sea. they are drowning out your privacy everywhere. ♪ what's next? he's going to apply testosterone to his underarm. axiron, the only underarm treatment r low t, can restore testosterone levels back to normal in most men. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women, especially those who are or who may become pregnant, and children should avoid contact where axiron is applied as unexpected signs of puberty in children or changes in body hair or increased acne in women may occur. report these signs and symptoms to your doctor if they occur. tell your doctor about all medical conditions and medications. do not use if you have prostate or breast cancer. serious side effects could include increased risk of prostate cancer; worse
tax. what's happening here? what nebraska governor hopes signals politicians are seeing the light, and then, drones are seen just about everything you do. they are in the air. they are under the sea. they are drowning out your privacy everywhere. ♪ what's next? he's going to apply testosterone to his underarm. axiron, the only underarm treatment r low t, can restore testosterone levels back to normal in most men. axiron is not for use in women or anyone younger than 18. axiron can transfer to...
128
128
Jan 14, 2013
01/13
by
FOXNEWSW
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eye 128
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if i'm paying taxes to the program government for increased taxes on my business, i'm not able to buy new equipment. i'm not able to put more men to work. and my men's future is less certain because it's the money that i invest in equipment which gives them their job security, the productivity and the wages they enjoy. >> mike: so capital expenses go down. [ applause ] bill. >> mike: because you don't have the capital to expand the business. >> equipment that american manufacturers rely on to compete in a low wage global environment go away. mike mipg travis, what happens in your business in this coming year? >> we had two huge rollouts the left model for chord buddy 20% of people are left handed the classical model for chord buddy will not happen. we will not get the breaks that we needed to write off that money, you know, tax wise. >> let it's not there anymore new product somebody has got it to build if it and ship it and sell it it's several jobs down the line that went happen because you don't have the money to make that work. >> right. >> all right. and, john, you talked about t
if i'm paying taxes to the program government for increased taxes on my business, i'm not able to buy new equipment. i'm not able to put more men to work. and my men's future is less certain because it's the money that i invest in equipment which gives them their job security, the productivity and the wages they enjoy. >> mike: so capital expenses go down. [ applause ] bill. >> mike: because you don't have the capital to expand the business. >> equipment that american...
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221
Jan 15, 2013
01/13
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CNBC
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he also made sure to include that he wants more taxes. more taxes. obama care taxes are already kicking in. we just had a tax increase on investors and small businesses. can you beat that, more taxes? >> this should come as a surprise to nobody, larry. obama's goal is not some sound economy when he -- as his legacy, his goal is as to fundamentally transform america where we have a vastly expanded size of government. he won't talk about cuts except little ones on the side. but he wants to continue to expand government. he doesn't care about deficits. he's not going to deal on this. >> you know, a couple of times during the news conference, i was interested in this. president obama said to congress, go ahead, give me the power and i'll issue more debt. that's really what he wants. he wants the power to issue unlimited debt so he can have unlimited spending and eventually he's going to get around to unlimited tax hikes. >> well, to be clear, as you know, when we talk about the debt, the president doesn't get to decide, you know, how much we're spending
he also made sure to include that he wants more taxes. more taxes. obama care taxes are already kicking in. we just had a tax increase on investors and small businesses. can you beat that, more taxes? >> this should come as a surprise to nobody, larry. obama's goal is not some sound economy when he -- as his legacy, his goal is as to fundamentally transform america where we have a vastly expanded size of government. he won't talk about cuts except little ones on the side. but he wants to...
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Jan 16, 2013
01/13
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tax or no tax, middle east, those guys good at what they do. how you doing? >> caller: a big booyah from florida. >> what's going on, sunshine? >> caller: a called a month ago for cisco. y you told me to buy. now it's 21. you think i should buy? >> i think it's good. a very hard stock. i see the orders coming from the telco ies, so my charitable trust pulled the trigger, bought cisco. i think it will go to 24. >>> sally in california. >> caller: a big booyah to you from california. can you tell me about anteras pharmaceutical. ants. >> the injectables, very competitive. not a believe every or buyer of that particular industry, not that crazy on the stock. >>> let's go to drew in california. >> caller: dr. cramer, l.a. king stanley cup champ ba ba booyah to you. >> what's up? >> caller: thank you for getting be mac me back in the game in 2012. chesapeake, chk. >> a hard one to own frankly. i'll tell you why. my trust owns southwestern energy, which i think the ceo will tell you, a darn good company. natural gas prices won't go up i feel. and i worry about the
tax or no tax, middle east, those guys good at what they do. how you doing? >> caller: a big booyah from florida. >> what's going on, sunshine? >> caller: a called a month ago for cisco. y you told me to buy. now it's 21. you think i should buy? >> i think it's good. a very hard stock. i see the orders coming from the telco ies, so my charitable trust pulled the trigger, bought cisco. i think it will go to 24. >>> sally in california. >> caller: a big...
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Jan 18, 2013
01/13
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WMAR
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payment, here's a new folk hero. >> larry tried to may his $14,000 tax bill, so he came back with the whole thing in coins. >> he raided his grand kid's piggy banks and yes, the town took the money after spending a few hours counting to make sure it was all there. that is classic. have you ever touched your daughter's piggy bank? >> no, only to help her get it out. >> i needed money to do laundry and i borrowed it, but i paid it back. >> i've given her a $20 for like two $10s. when we were kids, we had like $3. >> kids are so greedy. >>> you've seen these guys on the beach hoping to score some lost jewelry or change. >> one prospector hit the jackpot. you could say he got the golden ticket. his metal detecter discovered a massive gold nugget, as in 11 pounds. >> the price of gold nearly $1700 an ounce. it's expected to sell for about $300,000. >> i've got to get me one of those things. >> the metal detector or gold nugget? >> both. >>> a new book exposes the secrets of scientology. you're watching "world news now." [ female announcer ] going to sleep may be easy, but when you wake up
payment, here's a new folk hero. >> larry tried to may his $14,000 tax bill, so he came back with the whole thing in coins. >> he raided his grand kid's piggy banks and yes, the town took the money after spending a few hours counting to make sure it was all there. that is classic. have you ever touched your daughter's piggy bank? >> no, only to help her get it out. >> i needed money to do laundry and i borrowed it, but i paid it back. >> i've given her a $20 for...
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Jan 17, 2013
01/13
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tax. what's happening here? what nebraska governor hopes signals politicians are seeing the light, and then, drones are seen just about everything you do. they are in the air. they are under the sea. they are drowning out your privacy everywhere. ♪ [ male announcer ] now many humana medicare plans come with a little extra help in the kitchen. in a first of its kind partnership with walmart, humana medicare plans now include 5% savings on great for you healthier foods at walmart! it's part of the vitality healthyfood program... and one more way humana medicare can help you choose what's good for your health and your wallet. so you can spend a little less money... and spend a little more time sharing what you know with the people who matter most. humana. ♪ neil: cornhusker playing tax buster. the republican governor is not showing taxes love. double down on cuts and a lot of cuts. he joins republicans looking to roll back a variety of taxes. dave right now, governor, exbrain you are doin
tax. what's happening here? what nebraska governor hopes signals politicians are seeing the light, and then, drones are seen just about everything you do. they are in the air. they are under the sea. they are drowning out your privacy everywhere. ♪ [ male announcer ] now many humana medicare plans come with a little extra help in the kitchen. in a first of its kind partnership with walmart, humana medicare plans now include 5% savings on great for you healthier foods at walmart! it's part of...
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Jan 20, 2013
01/13
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obama demands of will to pay their fair share of taxes but he is just another elitist hypocrite when it comes to his fair share of security. protection for his ks angun- free zones for hours. -- for ours. >> at the white house, and jay carney called the ad cover the. the nra says that the ad is not aimed at anyone's child in particular. anyone who says otherwise is changing the topic and missing the point. sales have gone through the roof. can the president moving mountain this time around? >> no, and it is trupublic inion has changed, there is more desire for gun control than ever but i do not think congress will budge on the big stuff. what the nra did was odious. i think the president is on the high ground, but he will not get real gun-control done. >> the 23 executive actions were fairly trivial, nothing major about it. i think it will not have any effect. it was the appearance of motion. the three big items on the table for the cgress, assault weapons b, limit othe size of the magazine clip, and universal background checks -- the last one has very strong public opinion behind it
obama demands of will to pay their fair share of taxes but he is just another elitist hypocrite when it comes to his fair share of security. protection for his ks angun- free zones for hours. -- for ours. >> at the white house, and jay carney called the ad cover the. the nra says that the ad is not aimed at anyone's child in particular. anyone who says otherwise is changing the topic and missing the point. sales have gone through the roof. can the president moving mountain this time...
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Jan 21, 2013
01/13
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cuts, the tax -- bush tax cuts and they would have a plan to negotiate tax reform this year and we'd be well into deficit deal and tax reform right now and then he could move on to the next agenda item. well, it didn't quite work out that way. now they have to figure out what is the first agenda item? is it immigration? is it going to be guns? so we have to figure out what are they going to move on right away? >> wait one second because we're at an important juncture. i want to go back to wolf for a second. i believe we're nearing the end of our inaugural parade. >> this is the last band. this is the second to the last band. go ahead. >> these are the firefighters of idaho performing together for the first time for the inaugural parade from idaho, as i mentioned, comprised of fire departments across the state. 20 bagpipers, seven drummers and the bagpipers are dressed in kilts, as you can see, while the other marchers are wearing color guard attire. the firefighters of idaho, we're excited for the opportunity as everyone is to come and perform and represent their state in this 57th i
cuts, the tax -- bush tax cuts and they would have a plan to negotiate tax reform this year and we'd be well into deficit deal and tax reform right now and then he could move on to the next agenda item. well, it didn't quite work out that way. now they have to figure out what is the first agenda item? is it immigration? is it going to be guns? so we have to figure out what are they going to move on right away? >> wait one second because we're at an important juncture. i want to go back to...
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Jan 18, 2013
01/13
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. >> greta: taxes and have you thought about our corporate tax rate? >> could have,we have the highest corporate tax rate in the entire world now. japan used to be number one and u.s. number two. they cut their rates and now when you combine state and federal taxes, the highest corporate tax rates in the world. >> greta: how does that affect your business? you're very successful, you're a rich man and how does it affect you and your employees. >> every dollar we pay in taxes is a dollar that we can't give back to the customers in lower prices, a dollar we can't pay to our team members and higher wages and benefits. it's a dollar that we can't give back to the suppliers with lower prices. it's a dollar that we can't donate fill v-- fi -- and you need to hear this next, but the headlines are screaming scandal. a new cheater joining the ranks of tiger woods, arnold schwarzenegger and kristin stewart. who is it? well, that's coming up. and in two minutes, a 16-year-old is drunk driving and a mother finds a public way to punish him. is she teaching him a go
. >> greta: taxes and have you thought about our corporate tax rate? >> could have,we have the highest corporate tax rate in the entire world now. japan used to be number one and u.s. number two. they cut their rates and now when you combine state and federal taxes, the highest corporate tax rates in the world. >> greta: how does that affect your business? you're very successful, you're a rich man and how does it affect you and your employees. >> every dollar we pay in...
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Jan 17, 2013
01/13
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CURRENT
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we need to have a fair and progressive tax code. we have to do something about the industrial complex. ronald reggae reagan would say age. bush wouldn't say global warming, and this president wouldn't say industrial complex. i'm privileged to have john graham from the environmental affairs with the new book" america's poor and the great recession." he'll detail specific policy programs and proposals that he believes both the left and the right can agree upon for tomorrow night with jeff sacks on one side, and newt gringrich on the other side, i hope they have a good conversation on what we can agree on with regard to poverty in america. >> john: overall how would you say that president obama is on the issue. i'm with you on the industrial complex issue but considering he has changed the tax code recently, is interest a way to make this an issue he can win on? >> yes. we won't know how really good the fiscal cliff and negotiations are really good until we get to march when spending cuts are really on the table and we start talking ab
we need to have a fair and progressive tax code. we have to do something about the industrial complex. ronald reggae reagan would say age. bush wouldn't say global warming, and this president wouldn't say industrial complex. i'm privileged to have john graham from the environmental affairs with the new book" america's poor and the great recession." he'll detail specific policy programs and proposals that he believes both the left and the right can agree upon for tomorrow night with...
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Jan 13, 2013
01/13
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we are talking about a sales tax and it is alled the fair tax. what it means, yes, it could start at 15 percent x. rick unger makes a good point. states have their own sales tax system . it would make a competitive health care market. here is the problem, the senior lobby would lobby hard against it because seniors paid the income taxes and when they spend income in sales tax, they would be upset about it. >> michael, just for the sake of simplicity alone. the last tax increase that we had to endure makes the tax code more complex. for the sake of simplicity don't you want. >> i want a flat income tax and that makes it simple and fair and everyone to pay the porportion of their income in taxes that gives them the same amount of skin in the game and that would slow down government spending, wow, i am going to taxed for a new program. >> steve will not give you an argument on the flat tax, but the beauty of what is happening in the state level in this country, for all of the messiness that we have in the state level they are getting their act toget
we are talking about a sales tax and it is alled the fair tax. what it means, yes, it could start at 15 percent x. rick unger makes a good point. states have their own sales tax system . it would make a competitive health care market. here is the problem, the senior lobby would lobby hard against it because seniors paid the income taxes and when they spend income in sales tax, they would be upset about it. >> michael, just for the sake of simplicity alone. the last tax increase that we...
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Jan 18, 2013
01/13
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tax. you know what one of the legislator said to one of our nurses going to the capitol and talking about the wall street tax? she said, you nurses need to lower your expectations. the nurse looked at her and said, would you like for me to say that to you when i am prepare you for surgery? the true story. i mean, honestly, literally, it is a disgrace -- lower your expectations? i see what is happening out here every day. we're not going to lower our expectations. we're going to fight for a real economy. our economy has been hijacked -- we can talk about all the problems, talk endlessly about what i heard yesterday -- i heard about a woman yesterday. we heard about a real woman yesterday from michigan who actually chose to have her leg amputated because she could not afford the antibiotics in terms of taking care of her leg. she had her leg amputated because of money, because of money, because we do not have a health care system. it is a disgrace. the robin hood tax can generate $350 billio
tax. you know what one of the legislator said to one of our nurses going to the capitol and talking about the wall street tax? she said, you nurses need to lower your expectations. the nurse looked at her and said, would you like for me to say that to you when i am prepare you for surgery? the true story. i mean, honestly, literally, it is a disgrace -- lower your expectations? i see what is happening out here every day. we're not going to lower our expectations. we're going to fight for a real...
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Jan 20, 2013
01/13
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without the income tax they were forced to limit the growth of their government. every state has prisons, schools but they find a way to fund those for less. those nine states gained population from other states, increase jobs four point* 9%. the other states declined. competition between neighboring states keeps them from indulging. new hampshire kept vermont politicians from going crazy. the existence of arizona and nevada teacher the california legislator from going crazy. they still do despite so many people moving. but it is good we have places like texas. smaller government meanss tomor "fox & friends."nt meanss tomor >> tune in for the after the show show. >> brenda: the people have spoken. 83% of americans calling government spending out of control. so, what do some democratic lawmakers want to do? get rid of the nation's debt limits. they say it's keeping the economy down but won't getting rid of it just push the economy down even more? hi, everyone, i'm brenda buttner, this is bulls and bears and let's get right to it. the bulls and bears this week, gary
without the income tax they were forced to limit the growth of their government. every state has prisons, schools but they find a way to fund those for less. those nine states gained population from other states, increase jobs four point* 9%. the other states declined. competition between neighboring states keeps them from indulging. new hampshire kept vermont politicians from going crazy. the existence of arizona and nevada teacher the california legislator from going crazy. they still do...
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Jan 21, 2013
01/13
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there's been $600 billion in tax increases made on the books. that's over $2 trillion in deficit reduction over ten years. doesn't get us all the way there, but it does get us largely about two-thirds of the way there to debt stabilization, at least within a ten-year budget window. >> russ, what do you think? of course, we are approaching this with caution. we know that there's going to be more back and forth. in the middle of it all, we have earnings season. you know, already some people are saying that this anticipation of all of these cliffs, cliff after cliff, has already impacted the earnings period. what are you looking at? what are you seeing from the fourth quarter reporting season so far? it's been a big week obviously this week for financials. >> we're seeing decent performance. i think compliments to corporate america. they've been able to grind out strong earnings growth with a relatively weak recovery. margins remain much higher than people thought. this has helped. we're seeing a recovery in the rest of the world. that's also helpe
there's been $600 billion in tax increases made on the books. that's over $2 trillion in deficit reduction over ten years. doesn't get us all the way there, but it does get us largely about two-thirds of the way there to debt stabilization, at least within a ten-year budget window. >> russ, what do you think? of course, we are approaching this with caution. we know that there's going to be more back and forth. in the middle of it all, we have earnings season. you know, already some people...
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Jan 14, 2013
01/13
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higher estate tax rate. but it could have been worse. >> i think that the wealthy got off pretty easily here. there's a modest tax increase for the very wealthiest in this society, a very tiny percentage. i, frankly, that there are more taxes coming and they're going to bite more deeply into the middle class. >> approximately two-thirds of american will pay more taxes. the tax bite for the middle class comes from the end of payroll tax cut, which wasn't renewed in the fiscal cliff deal. but whatever happened to comprehensive tax reform? >> the irs tax code is still a nightmare. it's too complex, too costly, and too unfair. >> reporter: both sides say they're open to simplifying the tax code. more than 70,000 pages in 2012. the u.s. government gives away more than $1 trillion a year in tax breaks, but republicans say reform isn't about squeezing more money out of taxpayers. >> i think tax reform is a good idea, but now that we have resolved the revenue issue, tax reform ought to be revenue neutral, as it was
higher estate tax rate. but it could have been worse. >> i think that the wealthy got off pretty easily here. there's a modest tax increase for the very wealthiest in this society, a very tiny percentage. i, frankly, that there are more taxes coming and they're going to bite more deeply into the middle class. >> approximately two-thirds of american will pay more taxes. the tax bite for the middle class comes from the end of payroll tax cut, which wasn't renewed in the fiscal cliff...
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Jan 14, 2013
01/13
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taxes proud, and he was only very tentatively supportive of the whiskey tax, the distilled spirits tax and the jefferson must i think largely sympathetic protester and jefferson city lot of things that modern-day tax protestors can see is. jefferson was an out liar. washington didn't support the whiskey rebellion. he actively participated in the military effort to put it down. hamilton believed -- and on this i very much agree with hamilton it's always going to be a big debate and you need to have that debate but you do not hobbled yourself before hand with a additional structural difficulties to have a source of revenue. >> host: we will take over half way break now and when we come back we want to talk about specific issues in the book and then we will talk about the politics behind it, and then the reasons that led you to write the book. we will be back in a little bit. >> guest: excellent. thank you. >> host: welcome back, michael. let's talk about some of the issues your book talks about and what the founders had to say in different opinions on these issues and then with the right
taxes proud, and he was only very tentatively supportive of the whiskey tax, the distilled spirits tax and the jefferson must i think largely sympathetic protester and jefferson city lot of things that modern-day tax protestors can see is. jefferson was an out liar. washington didn't support the whiskey rebellion. he actively participated in the military effort to put it down. hamilton believed -- and on this i very much agree with hamilton it's always going to be a big debate and you need to...
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Jan 19, 2013
01/13
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we'll let you raise taxes on the rich. which only will reyour trillion dollar deficit spending each year 5%, folks. so they gave them that. what does he come back with? we want more. i want more tax hikes which aren't going to do anything to calm the debt and the spending. he is not willing, and so i think back to what joe said. i think marco said this too. small business owners and large corporations can't trust the president. that's why they're sitting on top of all this cash and not hiring. that doesn't bode well. neil: marco, quickly you see nothing to dissuade you or some of your colleagues from getting off that? >> businesses are still growing, neil but they're not growing as much as they otherwise would. and that uncertainty has a very real trickle down effect. i'll use us as an example. we're building a new gio pronto restaurant right now. i would have loved to borrow the total investment from people like joe and gold coast banking. no way i'm going to do that based on uncertainty. i go borrow less than i would oth
we'll let you raise taxes on the rich. which only will reyour trillion dollar deficit spending each year 5%, folks. so they gave them that. what does he come back with? we want more. i want more tax hikes which aren't going to do anything to calm the debt and the spending. he is not willing, and so i think back to what joe said. i think marco said this too. small business owners and large corporations can't trust the president. that's why they're sitting on top of all this cash and not hiring....
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Jan 18, 2013
01/13
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on the income tax and less reliance on the sales tax. [applause] in my budget, in my budget i will propose that we cut the sales tax from the current rate of 6.25% to 4.5% and dedicate all of the proceeds to a public works fund. that fund will support the transportation plan i have laid out both our existing responsibility and the necessary expansion project. as well as the school building fund, and other public infrastructure. under my plan, sales tax proceeds would be off limits for any other purpose. to support our education initiative, my budget will propose that we increase the income tax by 1 percentage point to 6 % 25% to make that increase fair to all according to their ability to pay. i will propose that we double the personal exemptions for every taxpayer, and eliminate a number of itemized dedeductions. making those changes gives us a tax code that is simpler and fairer. let me add that with these changes are sales, income, and business taxes will be comparable to and other states in the region beyond with which we compete. th
on the income tax and less reliance on the sales tax. [applause] in my budget, in my budget i will propose that we cut the sales tax from the current rate of 6.25% to 4.5% and dedicate all of the proceeds to a public works fund. that fund will support the transportation plan i have laid out both our existing responsibility and the necessary expansion project. as well as the school building fund, and other public infrastructure. under my plan, sales tax proceeds would be off limits for any other...